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CD Rates from GMAC

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GMAC Bank is offer the following Certificate of Deposit rates for balances of over $500.00

Term	Rate	APY
3 months	3.20%	3.25%
6 months	3.54%	3.60%
9 months	3.59%	3.65%
12 months	3.83%	3.90%
18 months	3.92%	4.00%
2 years	4.07%	4.15%
3 years	4.35%	4.45%
4 years	4.50%	4.60%
5 years	4.88%	5.00%

As with all CD’s there are early withdrawal penalties, you will forfeit 90 days of interest on a certificate of deposit of 1 year or less and 180 days of interest on certificate of deposits over 1 year.

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Author: Brian McKay

June 30th, 2008

Posted in: CD Rates